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# Skydance shares drop 8% as Wall Street awaits WBD earnings clarity
- URL: https://www.medianexis.com/skydance-shares-drop-8-as-wall-street-awaits-wbd-earnings-clarity/
- Published: 2026-11-11T16:48:54.000Z
- Updated: 2026-11-11T16:48:54.000Z
- Description: TheWrap’s Lucas Manfredi reports Skydance stock fell over 8% after Q3 earnings missed expectations, with the report excluding Warner Bros. Discovery’s full financials since that merger closed only in the fourth quarter.
- Author: Medianexis Signals Desk
- Tags: Streaming, Earnings, Lucas Manfredi, The Trade Desk posts rare annual revenue decline

**Why it matters.** Skydance’s debt paydown and streaming bundle strategy will stay under investor scrutiny until pro forma WBD results arrive before the fourth-quarter print.

*Signal from* [*thewrap.com*](https://thewrap.com/?ref=medianexis.com) *·* [*Lucas Manfredi*](https://www.medianexis.com/tag/by-lucas-manfredi/) *·* [*read the original*](https://www.thewrap.com/industry-news/business/skydance-stock-reaction-earnings-q3-2026/?ref=medianexis.com)*.*